Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End
Bitcoin slipped below $42,000 on Friday, stalling below its yearly high.
Financial
Financial
India’s Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
Bharat Web3 Association’s (BWA) Chairman wrote the letter to the Indian government on Dec. 16.
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Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
A slump in miner reserves indicates potential selling pressure, according to CryptoQuant.
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First Mover Americas: Bitcoin Set to Ring in the New Year Up Nearly 160%
The latest price moves in crypto markets in context for Dec. 29, 2023.
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Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.
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Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange’s listing criteria.
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Avalanche Foundation to Purchase Meme Coins as Part of Culture Drive
“These coins, often inspired by internet culture and humor, go beyond mere utility assets,” the foundation said.
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Bitcoin Worth $1B Leaves Exchanges in Largest Single-Day Outflow in 12 Months
Net outflows from exchanges are often taken to represent investors’ intention to hold coins for long-term.
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Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
A federal judge issued summary judgements siding with the SEC’s arguments that Terraform had illegally sold unregistered crypto securities.
Financial
Crypto Exchange Catalyx Suspends Trading, Withdrawals Following ‘Security Breach’
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.